Listing ID : 601166
Posted on August 8, 2023 127
This is a great opportunity for anyone that is looking to attach a Cultivation & Distribution license to their facility. The Cannabis Market in Los Angeles has experienced significant growth in recent years, with the city being one of the largest legal cannabis markets in the world. The Cultivation and Distribution licenses for cannabis are currently located in the Central City Community Plan Area and the CD 14 Council District, but they can be moved anywhere in the city of LA! Overall, the cannabis market in Los Angeles presents a unique opportunity for investors looking to enter the cannabis industry.
The owner would also be open to splitting off the licenses, if you are only looking to obtain the Cultivation License you could do so for $500k, and the Distribution License for $150k.
Amended LAMC Regarding Cannabis Law LINK: Section 104.03(c)(6)(i)(A) says one could relocate to another community plan area that has not reached undue concentration if you have temporary approval. Section 104.03(g)(2) says one could refile into another community plan area as long as it has not reached undue concentration.
DCR Licensing Map LINK
New owner will have to move the license to a new location within the city of LA (pending zoning regulations approval from the DCR)
Asking Price: $650,000.00 (Seller Open to Offers! Cultivation $500k + Distribution $150k)
Must sign an NDA/Waiver and have proof of financials before any other detailed information is released. This listing is Fully Exclusive only by Green Life Business Group, Inc.
Green Life Business Group, Inc DRE CA LIC# 02061374
Eric Espinoza, DRE LIC CA# 02077927
If you have any questions Call Eric at (858) 245-6324
Or Email : firstname.lastname@example.org
Green Life Business Group Inc. we are here to both help you sell or buy a cannabis business opportunity.
This location has over 2200 customers in the system and is currently operational. Its set up with Webjoint POS. Great opportunity for anyone that is
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